Does MONI and cryptocurrency have more in common b
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Posted On: 07/06/2022 10:11:58 AM
Does MONI and cryptocurrency have more in common besides BitGift?
I read this on the internet so it must be true?
"cryptocurrency is a Ponzi scheme because it requires a continuous stream of new investors in order to remain stable, with early investors profiting the most.
"However, this state is actually based on an extremely fragile balance," wrote the duo. "Once there is malicious short-selling, no successor, tight funds, or regulatory policy changes that affect the confidence of participants or the determination of latecomers, it will cause this seemingly exquisite cycle to collapse instantaneously and the value will be zero."
I read this on the internet so it must be true?
"cryptocurrency is a Ponzi scheme because it requires a continuous stream of new investors in order to remain stable, with early investors profiting the most.
"However, this state is actually based on an extremely fragile balance," wrote the duo. "Once there is malicious short-selling, no successor, tight funds, or regulatory policy changes that affect the confidence of participants or the determination of latecomers, it will cause this seemingly exquisite cycle to collapse instantaneously and the value will be zero."
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